PENSION AND SYSTEMS SERVICES, INC. (PASS) provides administration and consulting services for businesses with retirement and other employee benefit plans.

Why adopt a Qualified Retirement Plan?

  • Ability to Attract and Retain Quality Employees
  • Increase Employee Productivity
  • Accumulation of Funds for Retirement
  • Tax Deductible Employer Contribution
  • Tax Deferred Investment Earnings

Plan Selection and Design - We can review the retirement plan options available and assist you in choosing the plan that is right for your company. The plans available are:

  • 401(k)
  • Profit Sharing
  • Simplified Employee Pensions (SEP)
  • Money Purchase Pension
  • Age Weighted
  • Cross-Tested
  • SIMPLE IRA or (401)k
  • ESOP (Employee Stock Ownership Plan)
  • Cafeteria and Flexible Spending Plans
  • Non-Qualified Deferred Compensation

We provide preparation of all documents required to setup your retirement plan including Summary Plan Description, Plan Administrator's Guide and Application for Determination Letter as required by the Internal Revenue Service.


Plan Administration - Once your plan document is setup we provide all administration and consultation services as follows:

  • Employee Census Verification (Including payroll, employee deferrals and participant information)
  • Allocation of Plan Earnings
  • Maintenance of Employee Vested Account balances
  • Assistance with Administration of Loan Program
  • Calculation of Employer March and/or Discretionary Contribution
  • Annual ADP and ACP Testing for 401 (k) plans
  • Other Annual Testing as required by Internal Revenue Service
  • Participant Statements (Monthly, Quarterly or Annually)
  • Filing of all required Internal Revenue Service returns/reports
  • Summary of Annual Report
  • Audit of Retirement and Employee Benefit Plans (required for plans with 100 or more participants)
    We can provide specialized services for 401(k) plans such as self-directed investment selections, daily valuations, voice response and Internet access of individual employee account balances,

We would be happy to provide additional information about our services. Please contact Jim Kelley at 404-256-3830

© 2007 Kelley Boshell Toole & Ellison, LLP. All rights reserved.